$7,095 Closing Credit*
$597,500
1,605 SqFt
3 Beds
•2 Full Baths
Raymond Warren, Listing Office: Freedom Realty
Is Gold Beach, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gold Beach has remained a Buyer's Market.
Key Takeaway
Gold Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gold Beach, OR
How much do homes in Gold Beach, OR cost?
Median Sold Price
$422,500
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$33,000(-7.2%)
Key Takeaway
Homes in Gold Beach have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Gold Beach was $422,500 in October 2024, down 7.2% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $380K | +38.2% |
| 2 Bedrooms | $438K | $380K | -13.2% |
| 3 Bedrooms | $450K | $547.5K | +21.7% |
| 4 Bedrooms | $550K | $1.0M | +81.8% |
| 5+ Bedrooms | $1.0M | $499K | -51.2% |
Summary: Gold Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.2%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 81.8%, and 5+ bedroom homes decreased by 51.2%.
Housing Supply in Gold Beach, OR
How many homes are available in Gold Beach, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 70 | -1.4% |
Summary: The Gold Beach real estate market had 70 homes for sale in October 2024, a 1.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Gold Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gold Beach, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Gold Beach in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Gold Beach, OR
How long does it take to sell a home in Gold Beach, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 153 Days | +221.4% |
Summary: Homes in Gold Beach had an average of 153 days on market in Oct 2024, up by 221.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Gold Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Gold Beach; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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